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Shanghai Stock Exchange terminates Yelon IPO review.

08/05/2025

Because Wuxi Yelong Precision Machinery Co., Ltd. and its sponsor Guojin Securities Co., Ltd. withdrew their application for initial public offering, the Shanghai Stock Exchange terminated the review for their listing.

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World Gold Council: Last month saw the strongest inflows of funds since March 2022, combined with continued soaring gold prices, driving the assets under management of global gold ETFs to $379 billion, a 10% increase from the previous month. At the same time, gold trading volumes in all global markets have significantly increased. In terms of regions, fund inflows in Asia have surged, demand in North America is strong, and Europe has seen moderate fund outflows.

8 m ago

World Gold Council: Last month saw the strongest inflow of funds since March 2022, with the price of gold continuing to soar, pushing the total assets under management of global gold ETFs to $379 billion, a 10% increase from the previous month. At the same time, gold trading volumes in all global markets have significantly increased. In terms of regions, fund inflows in Asia surged, demand in North America remained strong, while Europe saw a mild outflow of funds.

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